Post by
Hedgetrimmer on Mar 02, 2021 7:53am
Big Beer Speculation
JMHO...Tilray inked a $100m deal with Anheuser Busch in late 2018 to research cannabis beverages. In Sept of 2020 Supreme enters into a $12m deal to supply Tilray. Could there be a connection? Don't hear a lot about big brewers entering the fray, they seem fairly quiet but pot is their competition. Wouldn't surprise me if big beer starts making more noise as the USA edges towards complete marijuana legalization. M & A comes to mind. If you can't beat 'em buy 'em .I'm sure Beena would take some suds dollars to do a little research also.
Comment by
Reachme on Mar 02, 2021 8:22am
Since we are already in business with Tilray...anything is possible...Supreme is in a fantastic position right now with cash on hands...it's all open ahead for Supreme as far as business opportunities!! GLTA
Comment by
Hedgetrimmer on Mar 02, 2021 8:42am
Reach....thanks for response. I figured for $100m Anheuser Busch would be looking for results about now. I'm hoping that FIRE's deal with Tilray is an indication that the research has determined through experimentation that Supreme's product is the preferred ingredient for beverages.
Comment by
Reachme on Mar 02, 2021 8:54am
@hedgetrimmer Supreme will surprise us all soon with new products. The cannabis market is only beginning.
Comment by
beps47 on Mar 02, 2021 10:38am
The supreme cannabis and tilray agreement dates from September 26, 2018 and not September 2020 ...
Comment by
Hedgetrimmer on Mar 02, 2021 11:05am
10-4. My bad. Have to talk to data research dept. lol. I'd have to think Supreme weed was used by Tilray R&D in the effort to find a suitable beverage. Thanks for correction